Shares of MISC Bhd, the nation’s largest shipping firm, were flat this morning amid a news report on its plan to acquire six new double-hull chemical tankers with a capacity of 35,000 to 38,000 deadweight tonnes each.
Larsen & Toubro (L&T), India’s largest engineering company, has floated separate companies for its power and ports and shipbuilding businesses, to raise funds for its proposed ventures in these sectors.
The 40,000-tonne coal carrier Pasha Bulker may be headed to Queensland for repairs after it was dragged off Newcastle’s Nobbys Beach and into deep water on Monday night. The ship is at anchor 11 nautical miles from the shore where it had been stuck since June 8, and divers were yesterday inspecting
Total announced today that it has begun construction of two new units at the Lindsey Oil Refinery, near Immingham, in the United Kingdom: a hydrodesulphurization (HDS) unit with a capacity of 1 million metric tonnes per year; a hydrogen production unit (SMR – Steam Methane Reformer) necessary for th
A ship’s master fell asleep at the wheel of a fish farm boat that ran aground on rocks, accident investigators have found. The Norwegian-registered Aqua-boy was sailing from Gigha to Kyle of Lochalsh last November when it got into difficulty off Mull.
Two men and a dog have been rescued after their yacht was in danger of sinking 12m (19km) north of Alderney. The 75ft (23m) converted fishing vessel Abundance was taking in water and had lost electric power.
While McMansions have become the big fad among middle class homeowners, multimillion dollar ‘mega’ and ‘giga’ yachts, are growing in popularity with the super rich. But finding a place to “park” the ship-sized boats is a problem, particularly for cities such as Annapolis which have been popular with
Alinghi won the 32nd America’s Cup on Tuesday afternoon on the waters off Valencia. The Swiss Defender won its fourth consecutive race in dramatic fashion, to win the Match 5-2. This final race of the America’s Cup was befitting of what has been the closest, most exciting America’s Cup in recent his
Mitsui O.S.K. Lines, Ltd. (MOL, President: Akimitsu Ashida) yesterday launched its first training vessel, the SPIRIT OF MOL, at the Tsuneishi Shipbuilding Company in Fukuyama, Hiroshima Prefecture. Executives on hand for the launching and christening ceremonies included MOL Deputy President and Dire
Yesterday the first outfitted block of 18 blocks in total of the new 14,200-gt passenger ship for Indonesia, ‘GUNUNG DEMPO’, was put in place in building dock I at MEYER WERFT.
Aker Yards has signed a contract for the construction of two bunkering tankers for delivery in October 2008 and January 2009. The two vessels will be sister vessels to those ordered by Maritima in August 2006.
Team Alinghi’s America’s Cup battle with Emirates Team New Zealand is the closest for 24 years and arguably the tightest matchup in the 156-year history of the event. None of that comes as a surprise to Alinghi designer Grant Simmer. He has co-ordinated the design and build of SUI 100 — the yacht wh
Keppel FELS Limited (Keppel FELS), a wholly-owned subsidiary of Keppel Offshore & Marine Ltd (Keppel O&M), has delivered a KFELS B Class design jackup drilling rig to Seadrill Management AS (Seadrill), within budget and ahead of time. This rig was named West Prospero by Lady Sponsor Mrs Jocelyn Pedr
Larsen & Toubro (L&T) is planning to set up separate companies to pursue its shipbuilding and power equipment manufacturing businesses. L&T now builds ships with a displacement of up to 20,000 dead-weight tonne (dwt) in Hazira, Gujarat. The new yard will construct bigger vessels of 200,000 dwt.
